Investors can relax, though, because they don't necessarily have to pick a single winner in streaming services. When thinking about streaming stocks, Netflix (NASDAQ: NFLX) is probably the first one that comes to mind. Netflix currently has 238 million subscribers in more than 190 different countries.
Wall Street analysts don't always get it right, but paying attention to which stocks they are bullish on can point investors toward great stocks that are about to take off. Revolve Group (NYSE: RVLV), Ulta Beauty (NASDAQ: ULTA), and Netflix (NASDAQ: NFLX) are three growth stocks that Wall Street believes have significant upside from their current share prices, and three Motley Fool contributors see good reasons to believe in these companies' futures. John Ballard (Revolve Group): This leading online fashion retailer has weathered the macroeconomic headwinds much better than its slumping stock price would indicate.
A tech-focused growth business like Roku (NASDAQ: ROKU), for example, will certainly look much different in five years than it does today. Let's see what investors can expect from the streaming platform by then. For those not already familiar, Roku makes digital media players for video streaming and operates a video-on-demand service.